Is long-term employee retention a losing battle?

[xSkylarx]

For some people - they would want to change the environment every year some people want to stick to one place.
There is a big telecom company in my country - when people leave that - they are always unhappy for resigning. I think if you a comfortable at one place stay there and dont be over effect

The advice you give is not wrong, but it's just more suitable for those who prioritize comfort without prioritizing a large salary. Because some people who are aiming for a big salary or income will not always prioritize comfort as long as they can be able to survive in a job that has no comfort at all.

But if the choice is intended for me personally, then I will choose a job with a higher salary, because comfort will come by itself when we truly enjoy and love our work.
Although, as I said before, where getting a job with a higher salary is not an easy matter at this time, so most people will only choose a comfortable job with a modest salary.

It burns you out quickly and will cause a mental breakdown; I've been in that situation, and even though I resigned, many people asked why I quit that job, given that it pays well and can make you wealthy. Well, at first, it is very stressful, and just to make my mind positive, I am saying that I will be happy while doing this job after a few months, but it turns out I will not be. Can you imagine I'm still bringing my task home and usually don't have time for my family? I'm also easily irritated, so my family is affected by it. It took me months to decide to shift careers, so now I am happy, and I am always looking forward to Mondays to go to work, unlike before.

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[2stout]

Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

[South Park]

For some people - they would want to change the environment every year some people want to stick to one place.
There is a big telecom company in my country - when people leave that - they are always unhappy for resigning. I think if you a comfortable at one place stay there and dont be over effect

The advice you give is not wrong, but it's just more suitable for those who prioritize comfort without prioritizing a large salary. Because some people who are aiming for a big salary or income will not always prioritize comfort as long as they can be able to survive in a job that has no comfort at all.

But if the choice is intended for me personally, then I will choose a job with a higher salary, because comfort will come by itself when we truly enjoy and love our work.
Although, as I said before, where getting a job with a higher salary is not an easy matter at this time, so most people will only choose a comfortable job with a modest salary.

Without a doubt there are circumstances in which you have no other option but to take the highest salary possible due to some debts you may have or because you have other more pressing needs, but I can tell you that sooner or later this is going to take a toll on you as I have seen people which only cared about the money and they were miserable, because they did things they hated just to get a few more dollars and whatever happiness they got from that money was eclipsed by the unhappiness that job brought them.

[Ryu_Ar1]

Apart from conducting a survey about whether or not an employee leaves, there must be an additional reason why they want to leave the company they currently occupy because in my opinion this is one thing that really has a connection between one and the other.
We can't say they lost or not because in this case we still don't know the reasons that really made them want to leave.
If indeed the reason they left makes sense, such as problems that often occur in compensation or wages that don't match then indeed we also can't blame the employees who want to leave but when the reasons they do for leaving are things that don't really make sense then maybe I will say they failed at this.

[Mahanton]

For some people - they would want to change the environment every year some people want to stick to one place.
There is a big telecom company in my country - when people leave that - they are always unhappy for resigning. I think if you a comfortable at one place stay there and dont be over effect

The advice you give is not wrong, but it's just more suitable for those who prioritize comfort without prioritizing a large salary. Because some people who are aiming for a big salary or income will not always prioritize comfort as long as they can be able to survive in a job that has no comfort at all.

But if the choice is intended for me personally, then I will choose a job with a higher salary, because comfort will come by itself when we truly enjoy and love our work.
Although, as I said before, where getting a job with a higher salary is not an easy matter at this time, so most people will only choose a comfortable job with a modest salary.

It burns you out quickly and will cause a mental breakdown; I've been in that situation, and even though I resigned, many people asked why I quit that job, given that it pays well and can make you wealthy. Well, at first, it is very stressful, and just to make my mind positive, I am saying that I will be happy while doing this job after a few months, but it turns out I will not be. Can you imagine I'm still bringing my task home and usually don't have time for my family? I'm also easily irritated, so my family is affected by it. It took me months to decide to shift careers, so now I am happy, and I am always looking forward to Mondays to go to work, unlike before.

There are really some exemptions when it comes into these kind of situations on which you would be needed to quit or resign on a certain job if you arent that happy or it do really make out huge effects on your living
not only on some aspects but on major ones which is really that affecting you as a person and towards also into your family which it would really be just right that you should really do and you cant
really be just living like this forever.Even myself had tested or experienced out on having a job which is really just too far on my interest and very stressful which i have decided on resigning and
finding another job which do really suits me out and wont really be that something give out some problems on my daily life.Yes,its good paying but if you arent
happy on doing it then it would really be a burden.

[Kadal Ijo]

Apart from conducting a survey about whether or not an employee leaves, there must be an additional reason why they want to leave the company they currently occupy because in my opinion this is one thing that really has a connection between one and the other.
We can't say they lost or not because in this case we still don't know the reasons that really made them want to leave.
If indeed the reason they left makes sense, such as problems that often occur in compensation or wages that don't match then indeed we also can't blame the employees who want to leave but when the reasons they do for leaving are things that don't really make sense then maybe I will say they failed at this.

Sometimes people consider that when employees come out of work because there is a problem with the company, but according to the latest survey states that employees who come out because they feel the salary offered by the new company is more feasible and appropriate, the most common company's mistakes are no appreciation to employees, and the best awards for employees is to provide a decent salary.

[krishnaverma]

The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

[South Park]

The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

And since that is not happening then it is no wonder why the retention of employees long term is a losing battle, another important point is that now employers look for people with all kind of skills and years of experience already, and if you spend most of your life doing something then it will be more difficult to find a job as you will be limited on the kind of work you can do, so people already realized this and they take different jobs with different skill requirements so they can gain the experience needed, which causes employee turnover to increase even further.

[stomachgrowls]

The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

And since that is not happening then it is no wonder why the retention of employees long term is a losing battle, another important point is that now employers look for people with all kind of skills and years of experience already, and if you spend most of your life doing something then it will be more difficult to find a job as you will be limited on the kind of work you can do, so people already realized this and they take different jobs with different skill requirements so they can gain the experience needed, which causes employee turnover to increase even further.

What are your options or choices, actually?

When you do retain on a certain work for a long time then of course you would really be having that expertise and on the time that you've been laid off or have been fired then for sure you would be finding up

jobs which would really be correlated on the job that you do have before or simply sticking with your skill set and we know that not all would be having that multiple skills and expertise.
We know that competition is really high which there's no way that we could really be easily get some job once we do get fired or laid off. This is why its always been smart on making
yourself do really explore and learn up new skills even if you are still having your day job.

Survival is what we do really mind the most and it is really just normal that we would be finding up ways in advanced.

[19Nov16]

The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

True, when the company sees the potential and good work of employees, the company's strategy is to maintain the employee, I work in the HRD section and there is a special part that observes employee performance, if the employee's assessment is good, it will get an additional bonus, vacation with family, and Many other bonuses so that the employee can survive.

[South Park]

The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

True, when the company sees the potential and good work of employees, the company's strategy is to maintain the employee, I work in the HRD section and there is a special part that observes employee performance, if the employee's assessment is good, it will get an additional bonus, vacation with family, and Many other bonuses so that the employee can survive.

This should be the standard but believe it or not many companies never do this, if you are an excellent employee many companies just assume that they are already paying you enough and there is no need to give you any kind of bonus, and when this continues for months or even years people realize that no matter how good is their performance they will not get more money, so they either look for another job with a better pay or begin to slack off.

[Joshapat]

Many companies do not care about employee conditions, when employees get financial difficulties and try to owe but the company does not want to give debt, when there is a better opportunity or offer, the employee will soon be out, and of course the company is losing money because they have to train the employees who are again New and this certainly hinders the company's mission in the long term.

[Lubang Bawah]

Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.

[crwth]

Depending on your industry, you will encounter this problem when you offer so much, and there needs to be considered employee benefits that could be worth working for. What do you think would happen if someone found a better-paying company?

Maybe there are reasons for them to stay, but it's most likely a thing where the employee is benefitting from them. Hopefully, it's going to be for the good of everything.

[Alpha Marine]

Reading this article, I couldn't help but wonder about a lot of things that have gone wrong and is going wrong in companies. Some of these companies are know that employees leaving are a problem and are making efforts to fix it while other who know, ,amy have chosen to ignore it.
Below are some important points highlighted in the article.

According to the report, more than 6.5 million people (20% of the U.K. workforce) are expected to quit their job in the next 12 months, according to estimates from the Charted Institute of Personnel and Development (CIPD), which published the data in June after surveying more than 6,000 workers. That’s up from 2021, when 16% of the U.K. workforce said they plan to quit within a year, according to the CIPD. Meanwhile, in March Microsoft’s global Work Trend Index found that 52% of Gen Zers and Millennials — the two generations that represent the vast majority of the workforce — were likely to consider changing jobs within the following year.

Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.

What do you think? Are companies losing the battle for long term employee retention?

Unfavorable work environment is the main reason people leave a work place. Most people feel is the pay but its not. Yea, the salary structure might be an issue too but there are many more reasons. At the moment, employers are losing the battle because they have been unable to identify what the problem is. Maybe they are too arrogant to notice. There are many opportunities out there these days especially for tech savvy folks so people don't want to work in a place where their mental head is not taken into consideration or a place where they're not valued. In some firms it may be lack of promotion. People stay in a firm for a long period of time without receiving promotion or an increased salary

I applied for a marketing position with a bank about two years ago. I got a call from them for an interview. At the interview I was given a very ridiculous target to achieve in a month. Even the best marketers would find it outrageous but that's not the worst part. The worst part is I had a probation period of 3 months and if after 3 months I'm not able to meet the target I was to leave. Mind you, I'll be paid based on commission.  Their strategy works, I guess but not on me.
They take people that are desperate for a job, give them targets that they can't deliver and let them go after 3 months after gathering so much customers as possible for the firm.

[cheezcarls]

It’s just sad reality that you are so loyal to the company but yet you have experienced getting a pay raise. I know how it feels even for home-based virtual assistants. I knew some guys who have been working with certain companies for years but never treated fairly in both relationship and compensation. So they quit and find successful greener pastures.

As employers, they must know how to win with their employees. Instead of letting them feel about working for the boss, they should work “with” the boss. And the employer must set a good example by being a down to earth person, always open minded and willing to help and guide the employee with their problems.

The longest that I have with a company was 2 years and 4 months. I just remained a good relationship with them despite not really getting a pay raise. They treated me very well that time. Because of the “bear” situation and economy is dwindling, they had to make a hard decision to cut me off and I understand. I just wanted to have at least one stable income source, and at least I do.

I’m blessed in many ways because of my numerous side gigs where my services are greatly needed.

 

[Davian144]

Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.

The first thing an employee should know is the rules of a company before he works in it. Because it would not be very logical and ethical if an employee had to blame the company just because he was not given a bonus at the end of the year.

And if this bonus is not written in the work rules of each employee, then the company has the right not to give bonuses to the employee even though it could be very good if it is indeed given to each employee as a plus or to appreciate their work that has reached the target set by the company.

[Quidat]

Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.

The first thing an employee should know is the rules of a company before he works in it. Because it would not be very logical and ethical if an employee had to blame the company just because he was not given a bonus at the end of the year.

And if this bonus is not written in the work rules of each employee, then the company has the right not to give bonuses to the employee even though it could be very good if it is indeed given to each employee as a plus or to appreciate their work that has reached the target set by the company.

Its impossible that you wont really be able to know about those bonuses and other perks as an employee which is really could be known on the time that you sign up with contracts or company agreements.
You would be told whether you would be having that 13th month pay or whatsoever bonuses that a certain company could have.Well, there might be some alterations or change up of decisions
mid-way but as an employee then you dont have the rights on asking or bragging that you should really be recieving those amounts.They are the ones who are
running off a business and they are the ones who would decide whether its worth on giving some plus or not.

[tygeade]

Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.

What do you think? Are companies losing the battle for long term employee retention?

As someone who has been working with my boss close to a decade now, I can tell you that it is not, it is definitely not. If you actually pay good money to your workers, and let them do their job the way they can, then you will make a profit and they will make a profit and they will stay.

I do not think that I can do this job for another 50 years, both the technology will evolve beyond that and I will probably be dead, but assuming that I could, I would work the same job for another 50 years, or however long I can, I will NEVER quit this job no matter what happens in my life. I may take a break if I ever get seriously sick, even if I ever get into coma, I would wake up and ask my boss to come back to work. It is all about the boss, if the boss is good, worker will always stay.

[Bitcoin1216]

The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.